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Search Results 0 to 49 of about 106 (some duplicates have been removed)
." -- please tax me more." we have gotten so desperate in this area that we are talking about, perhaps because we cannot make a policy decision on this and have not since the early 1990's on the federal level, maybe we need to go to indexing of the fuel tax. >> you are talking like infrastructure, not to pay for subsidies, right? >> what we need is more infrastructure, and that is a public good, and it needs to be paid for, and generally with tax revenues. i do not think anybody is faulting that. i think it is sold that we need higher fuel tax, and we can use that either to reduce the deficit or to pay for something else. it was designed -- or intended -- whether it has done so successfully or not, it was done to pay for infrastructure. >> absolutely. we are not real happy about that. >> john, what are you hoping for next week? >> for some reason, i have not been consulted on that. the president in the campaign said he was 4 and all of the above energy policy, so let's have some announcements that support that -- he was for an " all of the above" energy policy. let's move forward with the thin
't be the worst thing in the world because it may be the best we can get without tax increases. they're done talking about taxes. >> they say they're done. the president will say again he wants a package of spending cuts now and a bigger negotiation he wants more revenue or tax increases. this is the president's way. he's beginning his second term. last thing he wants is disruption in the economy in the psychology, financial markets to set his second term off when he thinks things are growing. how much is baked into the marks, if you will? do they expect the sequester, as more people in washington say it's -- let's listen to the president. >> good afternoon, everybody. i want to say a few words about the looming debt lines and decisions that we face on our budget and on our deficit. these are decisions that will have real and lasting impacts on the strength and pace of our recovery. economists and business leaders from across the spectrum have said that our economy is poised for progress in 2013. and we have seen signs of this progress over the last several weeks. home prices continue to cli
in it, we don't tax you think about it. it is as if because we know it was awful, we can somehow pretended was not part of american culture. >> and early 20th century -- eugenics, in early 20th century. >> "washington journal" continues. michael're back with burgess, a republican and vice chairman of the energy and commerce subcommittee. thanks for talking to our viewers. guest: thanks for having me. host: republicans are saying to avoid the automatic spending cuts, we need entitlement reform on the table. president obama said yesterday if we cannot agree to something long-term like entitlement reform, let's do something short-term. do you agree? guest: no. president obama should be talking about the next sequester, because this one is happening. it was postponed to march 1 on the first and january. this is a promise that we made, the congress and the president made to the american people in order to get our fiscal house in order if we could not come up with the cuts, the savings to do that, these cuts would be automatic. host: you are ok with them? guest: i don't like it. the re
real spenged cuts for more tax hikes. the president's sequester should be replaced with spending cuts and reforms that put us on a path to balance a budget over the next 10 years. the american people believe that the tax question has been settled. they know the president called for a balanced approach to the debt. combination of revenues and spending cuts, and they know he's gotten his revenue. the american people do not believe the president will use further tax revenues to lower the debt. and haven't seen this president attempt to spend his way into prosperity over the last four years, they know he'll spend it. the president doesn't believe we have a spending problem. he general winly believes the government -- genuinely believes the government spending causes economic growth. if that were true, the economy today would be thriving. it isn't thriving. the unemployment rate is still nearly 8% and rising. small businesses like the one i ran are struggling. middle class families, those lucky enough to have a job, are living paycheck to paycheck. and president obama just insisted on rais
into foreclosed houses and take possession of them if they hang on for seven years and pay the taxes. right now, because of it, officials are trying to get that law off the books. >> we don't need people who move in houses, who are con people. it's just a cop game. no one needs this in their neighborhood. we don't need it in the state of florida. >> so while loki boy is gone, he's left a string of copycats in the wake, and 11 in the past two weeks have filed these adverse possession rules to try to get in on some major properties. one of the houses bigger than the one behind me, a $4 million ocean front mansion now occupied by squatters who say they have a legal right to be there. melissa? melissa: steve, wow, quite a story m thanks so much. now turning to today's market moment. the blizzard slamming the northeast led to a quiet day on the wall street. dow briefly crossed the 14,000 mark, all three majors posted modest gains. the dow, however, snapped a five-week winning streak. meanwhile, nasdaq and s&p 500 had sixth straight weekly gains. next on "money," the roof is blown off in a legal arms
change, immigration, gun control and taxes. mr. obama joked on monday about how tricky it can be to get things done. >> if there's one thing that i've learned over the last four years it's that you can't count on anything in washington until it's done. >> reporter: republicans believe that senate majority leader harry reid has been effective in shielding his members from some tough votes on items such as the budget but we've been assured there will be a budget this year so that unity and enthusiasm may be tested early. jenna? jenna: if you had a nickel forever time --, no. we would all be really rich. that there would be unity on capitol hill. we've heard some from the senate democrats about some of the issues they're worried about ahead. what have you heard within the halls of capitol hill? >> reporter: jenna, gun control is a prime example in places like new york, new jersey, california. gun control is popular. but harry reid also has democratic members from places like west virgina, arkansas, louisiana, and alaska where gun control can be dirty words. here is senator reid speaking re
on the air is they view the president's health care law as a form of a tax increase as the supreme court in a sense said it was. they think they got taken to the cleaners by the president. the progressives don't think that. most conservatives think they got taken to the cleaner by the president on the debt ceiling thing where tax -- income taxes raised on individuals over $400,000. they're not going to be in any kind of mood to accept any kind of, quote, revenue raisers, unquote. right now, or any time soon. i think what's going to be happening is you have a series of three different trip wires. you have the su quester. you have the end of the later budget and then the debt ceiling this summer. happening over and over and over again. when there will be if ever a grand bargain, i frankly don't know and i wouldn't bet on it given the mood in washington right now. >> and meanwhile, we should point out, projections of the we have sit for 2013 under a trillion dollars down to 845 so maybe -- >> that's another point. >> sometimes -- >> exactly. >> the other thing is immigration. obviously, you
for their financial well-being. current discussions about tax reform would lead us to expect the policy makers would use the process for the opportunity to strengthen their retirement system and improve its effectiveness. we believe that much can be accomplished by strengthening and building on our existing retirement programs such as social security, employer sponsored plans, financially innovative products incentives for longer work and increased financial education and planning there is new research showing american workers are not saving enough. even at research institutes retirement security projection model for 2012 shows 44% of baby boomers and generation x won't have enough retirement income to cover basic retirement expenses and uninsured health costs. the shortfall the average savings deficit for a single female is little over $133,000. that's the additional amount a single female would on average need to save by age 65 to eliminate the shortfall. the recent economic crisis has made it even more difficult. the low contribution rates and the lack of understanding of the need for the compreh
and said, we've got to raise taxes and the answer every single time and keep taking more of the americans money without holding yourself accountable and that's what we've said. for the last 16 months we've tried and tried and passed two measures to try to replace the sequester to go about managing the deficit whittling down the entitlement programs so we can save them. instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response whatsoever, and just raising taxes and to say that you can tax the rich and get rid of the problem it's fictional. and i believe we're for fiscal discipline, managing down the debt and deficit for a reason because we don't want a debt cris
and tax reform hit a brick on capitol hill. politico reporting that obama's plan dead on arrival, and house speaker john boehner was speaking on capitol hill, right now saying that his party plans to stand with the american people and we want to show you exactly what he had to say about that yesterday. >> on two occasions has passed a plan to replace the sequester. it's time for the senate democrats to do that work. it's time for the president to offer his ideas about how to replace the sequester. >> his first answer to everything is new taxes. and when you think about it, what happened in january, he got $600 billion in new revenue, where were the spending cuts? now again he wants to raise taxes. i think it's time for us to cut spending. >> now with 1,379 days gone since the last time congress passed a budget and with the country poised to take a poison pill of cuts, what will it take? >> not passing a budget is shameful. and now you have the president saying well, i'm against the sequester cuts. well okay, great. well what are you going to replace them with? >> the republicans
they are also a little bit pessimistic when. asked if tax less go up on middle class americans this year, 68% said they think, yes, that taxes are going to go up. if that is the case, i mean economic activity can't be helped by that, is it, joe? >> well, no, but they are right, jon. i mean when you look at it the payroll tax that was pulled off as a way to give people a little bit more money in their pocketbooks, to buy things, and to get the kids to school, and put gas in the car, that came off. so the payroll tax is back on, and that affects everybody. i know we talked a lot during the tax issues about the upper 2%, but average americans are going to be hit by putting some of the tax breaks back on -- i mean taking them off that were on, that has happened. people are already going to start feeling that one. so i think that poll sort of reflects reality. jon: kind of interesting too, he defeated hillary clinton in the race for the nomination, four or five years ago and these days according to the polls she is more popular than the president is. does that surprise you, joe? >> no. i think, l
to eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> our first read team notes that while republicans want to solely talk about the budget the white house does not want to be bogged down on one issue that in the past cost hem political capital. quote, the obama white house wants to overled wa's political circuits to see what it can get through congress without letting congress define what issues get addressed. joining us now kelly o'donnell. our first read team noted the p talking about guns, immigration and today addressing the issue of the sequester. >> reporter: well, there is that sprint in the first year of his second term to try to get as much done as possible. and urgency on all these issues for different reasons. and when it comes to the sequester, the automatic budget cuts, kind of an odd term for what's meant to be automatic sweeping cuts across the board for the departments with a few exceptions. that was put in place as you know to try to be a bit of a force on congress to make a more sweeping plan of long-term deficit reduction
, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want
later, the president of women tribe worldwide tax about the state of women's rights. " washington journal host: good morning. we will learn more about immigration with the judiciary committee. the senate could work this week on the chuck hagel nomination. the question remains whether or not republicans will block the nomination with a filibuster. the president traveling to push for slacker gun laws. with the nation focusing on the super bowl, we want to turn to washington's role on regulating the nfl. we will use super bowl sunday to talk about government regulations when it comes to the issue of steroids or head injuries. the phone lines are open. let's begin with a look at some of the headlines courtesy of the museum. from "the san francisco chronicle" -- from "the baltimore sun" -- let's turn to the politics and policy behind the nfl. this is a story a few days ago from "the washington post." outlining a plan and a letter to the executive director of the players union. they agreed as part of a 2011 collective bargaining agreement that the players should be tested for hgh, but t
. in the meantime he wants a short-term fix of spending cuts and tax revenue. republicans, of course, are not happy with this strategy. one senator saying that the president needs to get serious about this pointing out that americans don't want anymore tax increases. >> it's a huge issue. dan lothian at the white house. thank you. >>> also at the white house today the president has been meeting with labor and business leaders to push his plans for comprehensive immigration reform. later this hour i'll speak with one of the people who are inside that meeting with the president, the goldman sachs ceo, lloyd blackfine. he'll be in "the situation room." we'll hear from a rising star, san antonio mayor, julio castro who came to discuss fixing immigration. all of that coming up. at the same time, the president was speaking to reporters at the white house. the republicans number two man in the house of representatives was in the middle of his speech debuting the republican party new message to voters. eric cantor gave our chief congressional correspondent dana bash a preview. listen to this. >> there's a
-sponsoring, the balancing act i believe it's called, that would close upper income tax loopholes and keep nearly 300,000 teachers at work and add 1 million jobs to the economy. have i got that right, sir? >> you've got to right. and all we do is close loopholes on the fossil fuel industry, on the yacht owners and the plane owners. we close loopholes on carried interest. loopholes that should be closed in any budget environment. we close those and then we arrive at a place where we have balance between the cuts that we've already seen, $1.7 trillion, and revenue increases, and then through changes in -- through reductions and efficiencies in the pentagon budget, we put $300 billion into jobs, which saves teachers, which invests in school frukt, a and helps schools. >> congressman, mr. ryan and mr. mcconnell at the beginning of this year said quite clearly the revenues issue is now closed. it's off the table. there are no more discussions on revenues. >> so they would rather cut home heating oil for seniors -- >> yes. >> they'd rather cut women and infants and children. >> yes. >> food grams. >> yes.
cuts. they kick in automatically march 1. we'll tell you what americans find so taxing about the president's plan to fix the mess. martha: get ready for a blizzard. a winter storm historic proportions we are being told. >> now is the time before the storm hits. get your shovels ready. sand, fill your gas tanks in your cars. make sure you have enough heating fuel. you know, for at least a week. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself comfortable. martha: let's look at what's developing right now in america's newsroom. we are being told the tsunami in the pacific wiped out five villages in the solomon islands. nine bodies have been recovered so far and that number is expected to rise. a report says american airlines is ready to merge with u.s. airways. sources tell us it will happen next week. the merger could create the largest airline in the whole world. how about this
property taxes, properties of all prices and places fascinate the next guest who expects the market to make a strong contribution to economic growth this year. joining us is dr. lawrence, senior vice president of research for the national association of realtors. good to have you with us. >> good evening. lou: this market looks like it's really recovering. give us a sense, as best you can, how strong it is nationwide. >> well, the strength of the recovery is much stronger than many people anticipated, and we are basically seeing the housing start up roughly 25% from one year before, and i think that for 2013, it could be a bigger increase because we are encountering some housing shortage. home sales running roughly 10% higher from one year before, and the inventory level came down to a 13-year low level, and because of the low draw down in inventory, one is seeing a consistent price increases, and these price increases have added $1 trillion to household wealth who are homeowners. lou: well, adding a trillion dollars, we still got a ways to go in this market to get us back to, well, pre-200
's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> president obama today traveled to minneapolis where he met with victims of gun violence and their families and with local law enforcement. the president then gave a speech in which he explained that he has done what he can do as president about gun violence. for more to happen, he said, congress must act. >> real and lasting change also requires congress to do its part and to do it soon. not to wait. the good news is that we're starting to see a consensus emerge about the action congress needs to take. the vast majority of americans, including a majority of gunowners, support requiring criminal background checks for anyone trying to buy a gun. so right now democrats and republicans in the senate are working on a bill that would
plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> why should you vote for me? because i do not wear high heels. >> i'm not a witch. >> seamed remedies. why won't you answer second amendment remedies mean. >> if it's a legitimate rain, rape, the female body has ways to try to shut that whole thing down. >> todd akin, richard mourdock, sharron angle, ken buck, a the republicans's recent history of trying to win very winnable recent senate seats, and losing those seats because they picked really fringe ridiculous candidates. those interest type of candidates that karl rove's superpac now says it hopes to prevent from winning republican senate primaries going forward. i want wonder if they can do that. i wonder if they should. joining us now is frank rich, writer at large for "new york" maga
billion. it was $1.1 trillion last year. the c.b.o. attributed the decline in part to new tax hikes and to automatic spending cuts scheduled to take effect in march. but it said those same factors may also hold back economic growth. personal computer maker dell has announced it's going private. the company detailed a $24 billion buyout of stockholders today. it's the largest deal of its kind since the great recession. dell has been publicly traded for nearly 25 years. but sales have waned as consumers have shifted towards smartphones and tablets. britain took a major step today toward legalizing same-sex marriage nationwide. the house of commons voted more than 2-1 to legalize the practice. that's despite sharp divisions in the ruling conservative party. prime minister david cameron acknowledged the split, but supported the bill. >> i think it's delight gay people should be able to get married, too. this is yes about equality but it's also about making our society stronger. i know there are strong views on both sides of the aisle, i respect that, but i think this is an important ste
leadership well into the future. it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and anxious that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're seeing job growth and manufacturing is doing well and we continue to have these self- inflicted crisis here in washingto
is good or bad, it is the u.s. taxpayer dollar used to further u.s. tax your interest and every time a new government comes into power, we should take that aid down to zero and build it anew. does that mean we should give everybody the same as before? maybe it does. does that mean we should give them zero? could be. does that mean we should give them more? also a possibility. the autopilot is unconscionable and that's the problem we have now is where an autopilot. i'm not talking about the contract stopping building whatever sewage plant in whatever country. obviously things are going on in pipelines in our foreign aid. the issue is the message we send, that we become hysterical. our aid must end and the answer is no, don't do it based on that. obviously that's an exit poll. they should be based on a whole array of questions relating to where the flaw, treatment treatment of minorities, economic raise, action towards allies. all of those things are known factors and it seems as everybody is sending better to do than have an aggressive oversight hearing on the question at egypt. take it dow
on immigration, abortion, gay rights. >> taxes only. >> taxes only. >> it will be really interesting to see on guns, thinking about president obama out in minnesota today with all the cops standing behind him. on background checks in particular, 92 public support for universal background checks. if republicans can't figure out a way to support something that has 92% to support the republicans and democrat also on that, i think, i don't know what happens next on them. it will be fascinating. >> it will be fun to watch from our point of view. >> okay, you can turn your tv back on, we're leaving. frank rich, thank you. >>> appreciate it. >>> next, president obama skeet-shooting photo that of course is outrageous and fake, and communist and kenyan or something, we'll be right back. [ female announcer ] going to sleep may be easy, but when you wake up in the middle of the night it can be frustrating. it's hard to turn off and go back to sleep. intermezzo is the first and only prescription sleep aid approved for use as needed in the middle of the night when you can't get back to sleep. it's an ef
to take effect the 1st of march. the president called today for a limited package of spending cuts and tax reforms to avoid the deadline. republican speaker of the house john boehner rejected that, saying republicans want a bigger agreement on a long-term deficit reduction plan. the white house also announced today president obama will be going to israel this spring for the first time since taking office. israeli media say he's due to arrive march 20th, though the white house would not confirm any of the travel dates. >>> we are learning much more tonight about the breaking story we brought you here last night. the dramatic rescue of a 5-year-old boy after a standoff in alabama that lasted almost a week. nbc's gabe gutierrez is with us tonight from midland city, alabama. gabe, good evening. >> reporter: brian, good evening. today ethan's mother broke her silence. in a written statement she said, i woke up this morning to the most beautiful sight, my sweet boy. i can't describe how incredible it is to hold him again. at the hospital today, there were no signs of the ordeal young ethan, seen
on tuesday urged congress to act. >> they should at least pass a smaller package of spending cuts and tax reforms that would delay economically damaging effect of the sequester for a few more months. >> reporter: if you think of it as a t-bone stake, the sequester is like a butcher's knife, lobbing off a big piece. republicans want to avoid the cuts but dismissed the president's proposed solution outright. the white house has made other news this week, saying the president will head to israel for the first time for the first time since taking office this spring, savannah. he is scheduled to arrive there, but the white house won't confirm the exact date. >>> chuck todd joins us now. good morning to you. >> good morning, savannah. >> we have known for a while the u.s. government has authorized strikes against american citizens believed to be al qaeda leaders. what we learn in this memo is the legal justification for that. some are concerned about how expansive the power is that the administration gives to itself. how much of a political problem is this for the president? >> you put these po
into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester. >> members of both parties came up with the idea of the sequester, back in 2011, to force lawmakers to act on balancing the budget and at one point here during the president's statement today, actually interrupted by the loud flashes of the photographers' cameras. watch that. these reforms would reduce our government's bill -- what's up, cameraman? come on, guys. they're breaking my flow all the time. >> breaking my flow. now to big business news. the company that became famous for the commercial catch phrase dude, are you getting a dell, is being bought back its founder and ceo michael dell. the company struggled as consumers shift to tablet computers, away from the desktop pcs. if the buy goes through, it will be one of the largest leveraged -- easy for me to say -- buyouts in history. >>> and look at these pictures with me. that is not smoggy beijing you're looking at. that is the area blanketed by pollution blown
, deficits and taxes and is sequesters and potl government shutdown, but all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher or a construction worker, or a receptionist, that they can make it if they work hard? and that their kids can make it? >> what's the message there to you, chris. >> he wants to be a transformative president in the second term and move from the center right idea that says cutting and less government is better ffr the economy to one that says that the government can plan, organize, direct economic activity and take tax revenues and borrowed money to stimulate and help out these middle class people, but it doesn't sync up with what people are thinking now so the president has a big sales job ahead of him and to your point, you and janice were talking about, if you've already been hit by one storm, the recession that followed the panic of 2008 and if you're waiting for the next storm to hit land, my goodness, not receptive to the idea of the government borrowing more and taxing more when you think that's a
investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> a state of the union of the address is prescribed by the constitution. so we've had presidential state of the union messages or addresses of some kind since the dawn of the republic. but since the 1960s, for the past 50 years, we've had the party who is not the president's party deliver a response to the state of the union. it's a big honor to get the gig too. it shows that your party think you're an up and comer. so far the party responses to president obama have been given by louisiana governor bobby jindal. he went first. mr. jindal still sort of recovering from that. in 2010 they went with governor bob mcdonnell of virginia, who they staged to make look tres presidential. bob mcdonnell
Search Results 0 to 49 of about 106 (some duplicates have been removed)